Top 5 Crypto Under $0.50 to Watch Ahead of Bull Run
The recent correction recorded in the crypto market has presented yet another opportunity for investors to purchase various crypto assets at discounted prices. At the time of writing, the valuation of the global crypto market was down 3.1% over the past day to $1.44 trillion.
Cardano (ADA)
ADA is one of the most undervalued coins in the market. The coin is currently changing hands below $0.5 and is ranked among the top 10 largest crypto assets, with a market cap of $12.96 billion.
Shiba Inu (SHIB)
Any crypto trader who joined the space in 2020 must have heard about the success story of Shiba Inu, especially how it turned average income earners into overnight millionaires.
SHIB is one of the popular tokens trading below $0.50.
Dogecoin (DOGE)
DOGE could become one of the top-performing assets in the upcoming bull run. Notably, the canine-themed token has been a major participant in previous bull runs.
Dogecoin has received major support from prominent American businessmen, including Elon Musk and Mark Cuban. Their endorsements of DOGE helped the coin spike to an all-time high of $0.73 in May 2021.
VeChain (VET)
VET is among the top coins with enormous utility. Despite having massive utility, VET is currently trading at a discounted price of $0.021. This represents a 92.52% decline from its ATH of $0.28. The team behind the project has been working round the clock to position VET perfectly ahead of the bull run.
Stellar (XLM)
XLM is currently trading below the $0.5 price level despite the coin’s prowess in global payments. The team behind XLM is considered a major rival to Ripple. Both companies aim to revolutionize the payments industry using blockchain tech.
Since its launch in 2014, the Stellar team has collaborated with top fintech companies, including Mastercard. With Stellar blockchain, users can send funds across borders faster and cheaper than traditional financial institutions.